Poplar Forest Capital buys $53.3 Million stake in Dun & Bradstreet Corp (DNB)

Dun & Bradstreet Corp (DNB) : Poplar Forest Capital scooped up 63,305 additional shares in Dun & Bradstreet Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 447,053 shares of Dun & Bradstreet Corp which is valued at $53.3 Million.Dun & Bradstreet Corp makes up approximately 4.62% of Poplar Forest Capital’s portfolio.

Other Hedge Funds, Including , Allianz Asset Management Ag boosted its stake in DNB in the latest quarter, The investment management firm added 700 additional shares and now holds a total of 10,016 shares of Dun & Bradstreet Corp which is valued at $1.2 Million.Oppenheimerfunds boosted its stake in DNB in the latest quarter, The investment management firm added 3,394 additional shares and now holds a total of 81,744 shares of Dun & Bradstreet Corp which is valued at $9.7 Million. Dun & Bradstreet Corp makes up approx 0.01% of Oppenheimerfunds’s portfolio.Credit Agricole S A boosted its stake in DNB in the latest quarter, The investment management firm added 255 additional shares and now holds a total of 24,694 shares of Dun & Bradstreet Corp which is valued at $2.9 Million. Dun & Bradstreet Corp makes up approx 0.01% of Credit Agricole S A’s portfolio.Mitsubishi Ufj Trust Banking Corp boosted its stake in DNB in the latest quarter, The investment management firm added 634 additional shares and now holds a total of 68,255 shares of Dun & Bradstreet Corp which is valued at $8.1 Million. Dun & Bradstreet Corp makes up approx 0.02% of Mitsubishi Ufj Trust Banking Corp’s portfolio.Cambiar Investors boosted its stake in DNB in the latest quarter, The investment management firm added 10,154 additional shares and now holds a total of 36,154 shares of Dun & Bradstreet Corp which is valued at $4 Million. Dun & Bradstreet Corp makes up approx 0.06% of Cambiar Investors’s portfolio.

Dun & Bradstreet Corp opened for trading at $123.37 and hit $126.15 on the upside on Wednesday, eventually ending the session at $125.9, with a gain of 2.39% or 2.94 points. The heightened volatility saw the trading volume jump to 5,21,994 shares. Company has a market cap of $4,565 M.

On the company’s financial health, Dun & Bradstreet Corp reported $1.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on May 9, 2016. Analyst had a consensus of $0.95. The company had revenue of $375.00 million for the quarter, compared to analysts expectations of $376.34 million. The company’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.33 EPS.

The Dun & Bradstreet Corporation is the source of commercial data analytics and insight on businesses. The Company’s commercial database contained over 240 million business records. The customers use D&B Risk management solutions to mitigate credit compliance and supplier risk and D&B Sales and marketing solutions to offers data management capabilities. It operates in North America which consists of its operations in the United States and Canada; Asia Pacific which consists of its operations in Australia Greater China India and Asia Pacific across the world network and Europe and other International markets which consists of its operations in the United Kingdom the Netherlands Belgium Latin America and its European across the world network. Its customers include manufacturers wholesalers and retailers in fields as banking technology telecommunications Government and insurance as well as sales marketing and business development professionals.

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